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Thursday, December 31, 2015

SIMULATION : BANK MEGA ACQUIRED 51 % SHARE OF BANK BUKOPIN



BANK MEGA
Bank Mega is owned by Indonesian tycoon Mr. Chairul Tanjung through his corporation in CT Corporation. CT Corp owns more than 99 % total share of Mega Corpora which is as the major share holder of Bank Mega. Based on annual report of 2014, more than 86 % of total net profit is contributed by wholesale Banking and retail Banking. The Bank was founded in 1969; its name was Bank Karman that has a head quarter in Surabaya. In 1992 Bank Karman changed its name became Mega Bank.
In 1996 PARA group acquired Mega Bank, later in 2000 Mega Bank changed its name became Bank Mega.
Mr. Chairul Tanjung, the big boss of CT corp, fulfills position of President Commissioner in Bank Mega. Mr. Chairul Tanjung is one of successful man after the monetary crisis in 1998. He made synergy of Bank Mega and other corporation under CT Corporation such as Carrefour, Metro Department store, Transformation TV and CT Global Resources, the part of CT Corporation which is operating in natural resources.

BANK BUKOPIN
Bank Bukopin is owned by Kopelindo, Government of Indonesia, Bosowa Corporation and public. Company’s core of business is at UKMK Segment, Small medium enterprise and cooperative. The biggest contribution of net profit is from UKMK segment. In 2014 its segment of UKMK was growing more than 10 % up compared to 2013. Several segment of micro credit were expanding include credit of pension, meanwhile for UKMK segment credit for food endurance and energy achieved a positive growth.
Starting from a cooperative in 1970, BUKOPIN has been growing in step with economic growth of Indonesia in to a large company. In 2006 Bank Bukopin has listed in Jakarta stock exchange and it has acquired Bank Syariah Bukopin and Bukopin Finance. Bukopin has synergy with government institution and state owned company in financing its partner of SME and cooperative partner. 



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